Meritor Reports First-Quarter Fiscal Year 2021 Results

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Meritor (MTOR) Tops Q1 EPS by 29c, Updates Guidance

February 3, 2021 6:54 AM EST

Meritor (NYSE: MTOR) reported Q1 EPS of $0.60, $0.29 better than the analyst estimate of $0.31. Revenue for the quarter came in at $889 million versus the consensus estimate of $797.55 million.

GUIDANCE:

Meritor sees FY2021 EPS of $2.25-$2.50, versus the consensus of $2.00. Meritor sees... More